TD Ameritrade Holding Corp. (NASDAQ:AMTD) Short Interest Update

TD Ameritrade Holding Corp. (NASDAQ:AMTD) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 9,910,000 shares, an increase of 27.9% from the January 15th total of 7,750,000 shares. Based on an average daily volume of 5,020,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.0% of the company’s stock are short sold.

In other TD Ameritrade news, EVP Ellen L. S. Koplow sold 17,241 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $52.01, for a total value of $896,704.41. Following the completion of the transaction, the executive vice president now owns 104,862 shares in the company, valued at $5,453,872.62. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Steven M. Quirk sold 24,043 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $53.46, for a total value of $1,285,338.78. Following the completion of the transaction, the executive vice president now owns 101,120 shares of the company’s stock, valued at approximately $5,405,875.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 74,464 shares of company stock valued at $3,917,498. 0.44% of the stock is owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc raised its holdings in shares of TD Ameritrade by 22.1% during the 4th quarter. IFP Advisors Inc now owns 1,138 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 206 shares in the last quarter. Sun Life Financial INC grew its stake in TD Ameritrade by 4.1% during the fourth quarter. Sun Life Financial INC now owns 8,329 shares of the financial services provider’s stock worth $415,000 after buying an additional 326 shares in the last quarter. World Asset Management Inc grew its stake in TD Ameritrade by 3.3% during the third quarter. World Asset Management Inc now owns 10,337 shares of the financial services provider’s stock worth $483,000 after buying an additional 329 shares in the last quarter. Lafayette Investments Inc. grew its stake in TD Ameritrade by 0.8% during the fourth quarter. Lafayette Investments Inc. now owns 46,501 shares of the financial services provider’s stock worth $2,311,000 after buying an additional 385 shares in the last quarter. Finally, Comerica Bank grew its stake in TD Ameritrade by 4.3% during the fourth quarter. Comerica Bank now owns 10,004 shares of the financial services provider’s stock worth $493,000 after buying an additional 416 shares in the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ:AMTD traded down $0.28 during trading on Thursday, hitting $49.66. 828,056 shares of the stock were exchanged, compared to its average volume of 4,041,527. The company has a fifty day moving average price of $49.66 and a two-hundred day moving average price of $45.94. The company has a market cap of $26.84 billion, a PE ratio of 13.83, a P/E/G ratio of 1.17 and a beta of 1.26. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.41. TD Ameritrade has a 12-month low of $32.69 and a 12-month high of $57.80.

TD Ameritrade (NASDAQ:AMTD) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.03). TD Ameritrade had a net margin of 34.26% and a return on equity of 24.24%. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the prior year, the firm earned $1.11 earnings per share. The firm’s quarterly revenue was down 14.8% on a year-over-year basis. Equities research analysts anticipate that TD Ameritrade will post 3.02 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th will be given a dividend of $0.31 per share. The ex-dividend date is Tuesday, February 4th. This represents a $1.24 dividend on an annualized basis and a yield of 2.50%. TD Ameritrade’s dividend payout ratio (DPR) is 30.02%.

A number of research analysts have weighed in on AMTD shares. G.Research downgraded TD Ameritrade from a “buy” rating to a “hold” rating in a report on Thursday, November 21st. UBS Group lifted their target price on TD Ameritrade from $33.00 to $39.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. TheStreet cut TD Ameritrade from a “b-” rating to a “c+” rating in a report on Friday, October 18th. Barclays upgraded TD Ameritrade from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $33.00 to $53.00 in a report on Wednesday, November 27th. Finally, BidaskClub cut TD Ameritrade from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $48.95.

TD Ameritrade Company Profile

TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors and traders, and independent registered investment advisors (RIAs) in the United States. It offers trade execution, clearing, and margin lending services; futures and foreign exchange trade execution services; and trustee, custodial, and other trust-related services to retirement plans and other custodial accounts, as well as provides cash sweep and deposit account products through third-party relationships.

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